Cheek Brighter Days Ahead for Okc Real Estate Market

By Tipton, David | THE JOURNAL RECORD, June 14, 1990 | Go to article overview

Cheek Brighter Days Ahead for Okc Real Estate Market


Tipton, David, THE JOURNAL RECORD


Activity during the first four months of 1990 indicate that the real estate market in the Oklahoma City Centralplex is headed for a brighter future, in the opinion of the current president of the Oklahoma City Metropolitan Board of Realtors.

Several indicators lead Margaret Ann Cheek, of Metro-Mark Realtors, to look optimistically at the future of real estate for Oklahoma City.

"Business this year has been very good and there are several indications things are getting better," said Cheek.

"For the first time in six years, there has been an increase in the number of people seeking a real estate license, which is always a good sign, home sales have generally been up (from the past year's performance), homes aren't staying on the market as long and interest rates are fairly stable.

"We aren't seeing any great big gains, but there has been a lot more activity," she said. "I think we have seen an end to our bad times."

Figures on home sales from the board of Realtors so far this year tend to show steady improvement. Sales for each month between January and April were greater than sales for the corresponding month in 1989, with the exception of February, when the number sold dipped 5 percent to 513 compared to 540 in February 1989.

Moreover, the 8,184 closings reported by the board last year make 1989 the best year for sales since 1983.

With the downturn of the energy and agriculture sectors of the state's economy in the mid-1980s, real estate has undergone some tough times, with more homes coming on the market and staying there longer. Many realtors chose to get out of the business, and Cheek remembers that the last three years of the decade were particularly bad as homeowners with properties for sale realized that the value of those properties had declined and a lower price had to be placed on them to sell.

Cheek said those difficulties have brought a more conservative attitude in business practices than was seen in days before the economic decline - not just in the real estate industry but in all areas of business. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Cheek Brighter Days Ahead for Okc Real Estate Market
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.